LyrArc Article Gist
Sales for Honda in Japan dropped 13% which is quite remarkable see the related BW article on declining Japanese auto sales. N.American sales up 2% in a weakenig market, but worldwide sales up 5.6% in the first quarter of 2007.

LyrArc Article Gist
Autodata statistics. Same day NYT says Ford has 18% decline, here wsj says Ford has 21% decline in sales in Sept 2007

LyrArc Article Gist
Washington Post editorial on the Obama Georgetown speech of April 13, 2009. It questions whether President Obama has the candour and courage to tackle the tough issues of deficit reduction and entitlement reform. New healthcare spending for coverage itself will add to entitlement, and it says some of the savings mentioned by the President are phony or already needed for new spending for the economic recovery and health care. At the same time the paper gives Obama good marks for his clarity and grasp of the crisis and steps for recovery, and the policy agenda in the areas of health care, energy and education. The questions about courage and candor also raise all the questions about facing upto the facts about insolvent banks that Krugman, Rosenfeld, the Economist and others have raised. Is Obama dodging the hard choices, is he dithering? On the toughest issues like foreclosures, insolvent banks, global regulation pushed by the Europeans, will he end up making inadequate or faulty choices, and when he comes around to making the tough choices, will he have lost so much valuable time as to prolong the crisis and stretch it out to many years....